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the obama administration's economists estimate consumers would spend about $200 billion less next year than they would have otherwise. congress and the administration have only a few more weeks to nail down a deal. but that deal will have to address some tough issues, including entitlement reform. darren gersh explains. >> reporter: the big money in entitlements is in health care, and that means any grand bargain to avoid the fiscal cliff will slice away at one of the nation's most popular programs. >> medicare is clearly in the gunsights. >> reporter: it's possible congress and the president could agree to save $300 to $400 billion from medicare by cutting fees for doctors and hospitals. but analysts worry slashing payments won't make the health care system more efficient. >> this is not really a way to structurally change medicare and if you don't change the underlying incentives, you don't get long-term savings. >> reporter: progressives at the center for american progress say the government could save close to $150 billion by squeezing the prices the government pays for drugs. but
the obama administration's economists estimate consumers would spend about $200 billion less next year than they would have otherwise. congress and the administration have only a few more weeks to nail down a deal. but that deal will have to address some tough issues, including entitlement reform. darren gersh explains. >> reporter: the big money in entitlements is in health care, and that means any grand bargain to avoid the fiscal cliff will slice away at one of the nation's most...
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intrade correctly predicted president obama would be re-elected and that the u.s. is not likely to fall off the fiscal cliff. there are lots of rumblings coming out of washington. let's turn to scott bauer of trading advantage to talk about this alleged fiscal cliff. what do you think - and good morning - deal or no deal, scott? > > good morning angie. yeah, there is going to be a deal. it may not be later this week, it may not be next week, but i think at a minimum we are going to see congress, the president, everyone say, you know what, we are on the table together here, and even if we have to extend this three months, six months, we are going to get it done. there is no way with the recovery that we have seen - and i'm not talking about the stock market recovery, i am talking more of the consumer sentiment recovery, housing recovery - with what we have seen the last quarter of this year, there is no way that the guys in washington can harm that or add anything to take the momentum away from that. it just won't happen. > let's talk about the stock market. what le
intrade correctly predicted president obama would be re-elected and that the u.s. is not likely to fall off the fiscal cliff. there are lots of rumblings coming out of washington. let's turn to scott bauer of trading advantage to talk about this alleged fiscal cliff. what do you think - and good morning - deal or no deal, scott? > > good morning angie. yeah, there is going to be a deal. it may not be later this week, it may not be next week, but i think at a minimum we are going to see...
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president obama got beaten up pretty good in the debates. it looks to me that he will be more flexible. when push comes to shop, he will be more flexible. he wants to leave a legacy of the greatest president of all time. connell: steve moore making the case a moment ago that we will go over the cliff for a few weeks, a few months, whatever it may be. you make a bet that he does a deal before the end of the year because he is worried about his legacy. are you sure enough about it to bet on something in the markets? >> well, yeah. absolutely. i think he made it on the intraday low at 1343. i think that holds up at year end. i just got back from europe. everyone over there is bearish and underinvested. i think if the market does not fall apart right here, i think they will be forced to chase in the santa claus rally. connell: it is that time of year again. going over the cliff, however, you assign some probability to that. first, tell us about that. how will the market react to that? would that really happened or what the market kind of look do
president obama got beaten up pretty good in the debates. it looks to me that he will be more flexible. when push comes to shop, he will be more flexible. he wants to leave a legacy of the greatest president of all time. connell: steve moore making the case a moment ago that we will go over the cliff for a few weeks, a few months, whatever it may be. you make a bet that he does a deal before the end of the year because he is worried about his legacy. are you sure enough about it to bet on...
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president obama had no problem challenging the bush administration. the bush administration made a lot of mistakes. when i went to iraq with john mccain, we didn't come back and say all was well. john mccain asked for rumsfeld to resign. the storyline given by the bush administration wasn't accurate based by what we saw on the ground. the storyline given by this administration about libya doesn't match up with what happened on the ground. >> greta: doesn't match up, or a lie and deceitful? >> that's what we're trying to figure out. the more i look into what we were telling us on the 16th, the 18th, the 25th, days after the attack, the more it sounds like a political smoke screen. >> greta: are you going to ask probing question? >> we would be well served to have one group of senators from all the relevant committees interview each witness, compare notes. the d.o.d., department of state, cia, should be interviewed by select committees to get the same story from each group at the end of the year, tax rates go up on everybody, everybody in the country ge
president obama had no problem challenging the bush administration. the bush administration made a lot of mistakes. when i went to iraq with john mccain, we didn't come back and say all was well. john mccain asked for rumsfeld to resign. the storyline given by the bush administration wasn't accurate based by what we saw on the ground. the storyline given by this administration about libya doesn't match up with what happened on the ground. >> greta: doesn't match up, or a lie and...
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. >> reporter: rice needs the senate support if president obama chooses her to be the next secretary of state. ambassador rice met with lawmakers in a secure room behind this group of cameras here on capitol hill to discuss classified information. an aide to senator john mccain says she requested the meeting. afterwards, rice issued a statement saying the talking points the intelligence community gave her were incorrect and that at no time did she or anyone in the obama administration intend to mislead the american people. the white house worked to reinforce that tuesday. >> ambassador rice has no responsibility for collecting, analyzing and providing intelligence. >> reporter: acting cia director michael morrell joined rice's capitol hill meeting to help her field questions. danielle nottingham cbs 5. >>> president obama is making a public case this week for his approach to avert the "fiscal cliff." he is meeting today and tomorrow with small business owners and middle class families and he will visit a small business in pennsylvania on friday. negotiations with republicans continue
. >> reporter: rice needs the senate support if president obama chooses her to be the next secretary of state. ambassador rice met with lawmakers in a secure room behind this group of cameras here on capitol hill to discuss classified information. an aide to senator john mccain says she requested the meeting. afterwards, rice issued a statement saying the talking points the intelligence community gave her were incorrect and that at no time did she or anyone in the obama administration...
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obama's heads to suburban philadelphia. white house officials will say he continues to make his case to keep them where they are earning less than two 1/5 thousand and those making more. after a week of meetings of ceo and business leaders but not any with congressional negotiators. >> instead of sitting down with lawmakers to work out agreement, he is back on the campaign trail with the same talking points. >> the president tries to dramatize what the president shows the 60% of voters agree the wealthy should pay more in taxes. >> and republicans are responding that house republicans will visit local small businesses to emphasize the threat to jobs posed by the small business tax hike. lori: the epa may impose new regulations on air quality and carbon emissions and now one of particular is trying to prevent them from going into effect and peter barnes has details. senator inhofe the most vocal critic of the epa, the heartland institute presented him with more than 16,000 petitions and that demand congress cohmad graner wro
obama's heads to suburban philadelphia. white house officials will say he continues to make his case to keep them where they are earning less than two 1/5 thousand and those making more. after a week of meetings of ceo and business leaders but not any with congressional negotiators. >> instead of sitting down with lawmakers to work out agreement, he is back on the campaign trail with the same talking points. >> the president tries to dramatize what the president shows the 60% of...
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here's virginia's attorney general today. >> obama lost every one of those states. he can't win in a state where photo i.d. is required, so clearly there's something going on out there. >> your ton suggests you're upset with me. you're preaching to the choir. i'm with you completely. >> he agreed completely. really? his office later had to come out and say he does, in fact, believe president obama won the election. and we've told you how wisconsin governor scott walker wants to end same-day voter registration. supposedly to relieve the burden on his poor, overworked poll workers. >> they have volunteers who work 13-hour days, most cases are retirees. it's difficult for them to handle the kind of valiant of folks who come at the last milt. it would be better if registration was done in advance of voter day. >> better for walker but not for the poll workers he's talking about. a top official in the city clerk's association says walker's proposal would make it more burdensome, a logistical nightmare. in florida the scandal over the long voting lines continue to grow wi
here's virginia's attorney general today. >> obama lost every one of those states. he can't win in a state where photo i.d. is required, so clearly there's something going on out there. >> your ton suggests you're upset with me. you're preaching to the choir. i'm with you completely. >> he agreed completely. really? his office later had to come out and say he does, in fact, believe president obama won the election. and we've told you how wisconsin governor scott walker wants...
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several human rights groups have condemned the drone warfare rule book to be produced by barack obama it was policies to justify the use of unmanned aircraft targeted drone attacks are a tactic widely used under the current us leader despite. i'm retired colonel morris davis told r.t. the drones can't put an end to terror. i don't have just a drone program we have drone programs and we have a military program is governed by the law of war and international law and then we have this other program governed run by the cia which is a civilian agency that i'm not aware of what any internationally recognized legal authority for a civilian agency to go overseas and kill you know a war on terror is a war without end because it's really a war on a tactic not on a group of people so you know terror can't surrender so be fighting this war for you know the long as we live it has been the argument you know since nine eleven that the president is the commander in chief has unilateral authority to do anything necessary to keep the country safe john mccain and others here are saying that the administ
several human rights groups have condemned the drone warfare rule book to be produced by barack obama it was policies to justify the use of unmanned aircraft targeted drone attacks are a tactic widely used under the current us leader despite. i'm retired colonel morris davis told r.t. the drones can't put an end to terror. i don't have just a drone program we have drone programs and we have a military program is governed by the law of war and international law and then we have this other...
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. >> president obama shows his support of susan rice as well. he had his first white house news conference after his election. the president took exception to republican senators critical of rice. if they want to come after any one they should come after me. >> kelly wright, thank you very much. senator lindsay graham is one of the three senators who have a lot of questions for ambassador rice. >> he gave us a preview of what he will be looking for during today's discussion. >> she asked to meet with us i will listen to what she has to say about her role in benghazi. the more i know about benghazi the more upset i am that the consulate was even open on september 11th. when you look at the history about the dangers we should never have been open or heavily reinforced. during the attack i am more core idea about how we couldn't help them for 7 hours. a spontaneous event caused by video turn nude a riot is less credible than ever. i want to listen to her side of the story. the most basic information on what happened on the night of the attack and w
. >> president obama shows his support of susan rice as well. he had his first white house news conference after his election. the president took exception to republican senators critical of rice. if they want to come after any one they should come after me. >> kelly wright, thank you very much. senator lindsay graham is one of the three senators who have a lot of questions for ambassador rice. >> he gave us a preview of what he will be looking for during today's discussion....
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to train afghan forces and carry out special operations after twenty fourteen when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad as a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense from a lot of perspectives but that strategy has backfired more than once in the past eliminating populations that didn't want to see their military become a student of washington's wars in washington i'm going to check out. now to some other stories making headlines around the world at least nineteen people were killed and over seventy wounded in iraq. capital baghdad by three near simultaneous bomb blasts cars exploded outside three shia mosques where believers were celebrating a traditional holiday honoring the prophet mohammad. early on tuesday least ten people died in a wave of bombings which hi
to train afghan forces and carry out special operations after twenty fourteen when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad as a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense...
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large footprint occupations instead think of special ops and proxy armies next destination libya the obama administration has received congressional approval to allocate money for a special unit reportedly made up of some five hundred people who will train the country's forces according to one libyan militia commander a team of americans is already in the country looking for recruits a major obstacle in their way a vastly divided society there isn't an army and libya now and the army is not going to be because whenever you try and get militias which have a legion says to a variety of rays of things that the national interest so they have allegiance to a drive or to a sect or to a religion rather than having allegiance to the nation or to the country you cannot build an army but with training and aid fully via the u.s. we have more pragmatic goals then uniting the army you were just teaching them the best way to fight this war training initially because he really about it not so much about you know teaching people how to use rifles and how to use new equipment it's all about really more abo
large footprint occupations instead think of special ops and proxy armies next destination libya the obama administration has received congressional approval to allocate money for a special unit reportedly made up of some five hundred people who will train the country's forces according to one libyan militia commander a team of americans is already in the country looking for recruits a major obstacle in their way a vastly divided society there isn't an army and libya now and the army is not...
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military is following its own rules including flying on mandich to a craft a brought obama's working for drone warfare to justify the attacks which killed hundreds of civilians that's coming up shortly. plus a few things a scream crisis like supermarkets unlocking up even basic food so in an effort to deter those on the losing side of the age of austerity all that and much more lined up for you after the break. waves of corruption are rocking russia hundreds of millions of dollars vanished from apec building projects and russia's got enough satellite project a real estate scandal has also led to the defense minister being fired note i said fire in russia we hear a lot about corruption scandals and the reaction is usually a firing or forced resignation and maybe that would be ok another country but russia has big dreams in a big country that is big corruption spoiling all of those dreams a country can't survive with every infrastructural or scientific project is sucked dry from within whether the government is unwilling or unable to sternly punish these offenders is a huge topic by co
military is following its own rules including flying on mandich to a craft a brought obama's working for drone warfare to justify the attacks which killed hundreds of civilians that's coming up shortly. plus a few things a scream crisis like supermarkets unlocking up even basic food so in an effort to deter those on the losing side of the age of austerity all that and much more lined up for you after the break. waves of corruption are rocking russia hundreds of millions of dollars vanished from...
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where simon is and president obama is is where the liberal wing of the democratic party is. when you have senators members of the united states senate, like jay rockefeller, say though will not accept any level of enlightment reform, takes the negotiations and puts them in jeopardy before they even begun. what simon laid out is four step process everyone wants to see move forward and we'll have another trillion dollar deficit according to cbo moving into next year and we can't afford anymore like that. if we take what obama would be willing to support which is increase in the age of, again recipients and other type of reforms like that, then we have a legitimate negotiation as we move into it. but when you have liberal members of the democratic party stepping forward and saying before the process begins they will not accept any type of entitlement reform, it makes it untenable process from the beginning. jon: is it no entitlement reform, simon, or is it perhaps entitlement reform when it comes to medicare? i haven't heard anybody talk about reforming social security on democ
where simon is and president obama is is where the liberal wing of the democratic party is. when you have senators members of the united states senate, like jay rockefeller, say though will not accept any level of enlightment reform, takes the negotiations and puts them in jeopardy before they even begun. what simon laid out is four step process everyone wants to see move forward and we'll have another trillion dollar deficit according to cbo moving into next year and we can't afford anymore...
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several human rights groups have condemned president barack obama's drone war for our rule book a set of policy is reported to develop to justify the use of unmanned aerial vehicles targeted killings with the help of drones are in widespread use under the current if you us leader but it's most this surveillance will have become the victims of such attacks and retired colonel morris davis told r c it's wrong to think that the use of drones can put an ounce to tara. no i have just a drone program we have drone programs and we have a military program is governed by the law of war and international law and then we have this other program governed run by the cia which is a civilian agency that i'm not aware of what any internationally recognized legal authority for a civilian agency to go overseas and kill you know a war on terror is a war without end because it's really a war on a tactic not on a group of people so you know terror can't surrender so be fighting this war for you know the long as we live it has been the argument you know since nine eleven that the president is the commander
several human rights groups have condemned president barack obama's drone war for our rule book a set of policy is reported to develop to justify the use of unmanned aerial vehicles targeted killings with the help of drones are in widespread use under the current if you us leader but it's most this surveillance will have become the victims of such attacks and retired colonel morris davis told r c it's wrong to think that the use of drones can put an ounce to tara. no i have just a drone program...
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to train afghan forces and carry out special operations after twenty fourteen when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad as a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense from a lot of perspectives but that strategy has backfired more than once in the past populations that didn't want to see their military become a student of washington's wars in washington i'm gonna check out. more news after this short break don't go away. looking at some dorks you simply do not believe they come speak and goodness how they can wrong oh. it's an international sled dog race with those driving the dogs. coming from as far away as a strand in canada and the us i come to russia and everybody is so very friendly they welcomed me with open arms and the scenery is so beautiful it's very mu
to train afghan forces and carry out special operations after twenty fourteen when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad as a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense...
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today president obama meets with small business leaders continuing his push for higher taxes for the wealthy. a new white house economic report warns if tax breaks go away, the average middle-class family will owe uncle sam another $2,200 next year. >> it seems to be the thing that we can all agree on, that middle-class families should see an extension of these tax cuts. >> reporter: some prominent republicans who have been dead set against raising taxes on anyone now hint they may consider other options. >> we've been open to revenue by closing loopholes as long as it's tied to spending cuts and pro-growth tax reform that brudens the base and lowers rates. >> you don't raise rates, you just cap the amount of itemized deductions that taxpayers -- it hits the wealthy. >> reporter: the bottom line, republicans say americans borrowing too much money trying to keep medicare and social security afloat. lawmakers with the fix-the-debt coalition meet here tomorrow. >> there's going to come a point in time where we can't borrow any more money, and interest rates are going to skyrocket. >> th
today president obama meets with small business leaders continuing his push for higher taxes for the wealthy. a new white house economic report warns if tax breaks go away, the average middle-class family will owe uncle sam another $2,200 next year. >> it seems to be the thing that we can all agree on, that middle-class families should see an extension of these tax cuts. >> reporter: some prominent republicans who have been dead set against raising taxes on anyone now hint they may...
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same with president obama and think obama care and financial reform . attacking wall street as the villian. president roosevelt did that . wall street was the villians and shades of that exactly. 2013 president obama wall street is the villiage and then the rearrangement of society. fdr tried to do it. and president obama is doing it and run away government spending. parallels are there and hope it doesn't work out like it did then. >> we want all americans back to work. and back in the 30s industrial plummeted 34 percent in the first year of the second term. >> that is a depression in and of itself . set in the overall depression of the 1930s. 1937 was a catastrophic year. >> steve: how did thereat look some >> not much better. what bailed america and the world out of the depression was the second world war. >> gretchen: exactly. how did you get out of the mess in the 30s. we don't want to predict that. >> steve: we are just getting out of two of them. >> i think the bottom line here is fdr's policiless did not get america out of the great depression,
same with president obama and think obama care and financial reform . attacking wall street as the villian. president roosevelt did that . wall street was the villians and shades of that exactly. 2013 president obama wall street is the villiage and then the rearrangement of society. fdr tried to do it. and president obama is doing it and run away government spending. parallels are there and hope it doesn't work out like it did then. >> we want all americans back to work. and back in the...
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in the days leading up to the presidential election as he repeatedly praised and thanked president obama for doing his job in storm recovery. those high approval marks are also sparking new speculation about a potential presidential run for chris christie in 2016. >>> and speaking of that, another possible republican contender is your friend, go ahead -- >> jeb bush. >> yep. he met yesterday with former staffers near the white house where he reportedly entertained questions about his political future. >> according to "the national review," mika, governor bush sat down with a number of veteran florida operatives along with mitt romney's pollsters. he said mr. bush remained coy about making a run for the white house and instead deflected the focus towards his efforts on educational reform. >> potential candidates are lining up for a chance to fill congressman jesse jackson jr.'s house seat after he resigned amid scandal last week. a special election is set for mid-march but will likely be pushed to april. the son of the famed civil rights leader is currently the target of multiple investig
in the days leading up to the presidential election as he repeatedly praised and thanked president obama for doing his job in storm recovery. those high approval marks are also sparking new speculation about a potential presidential run for chris christie in 2016. >>> and speaking of that, another possible republican contender is your friend, go ahead -- >> jeb bush. >> yep. he met yesterday with former staffers near the white house where he reportedly entertained questions...
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they don't vote and this becomes the obama tax hike, the obama spending cut. on him. let him own it. they voted for him. let them own it. >> brian: house democrats going along with maybe john boehner caucus to pass it. that is how divided it could be. it could cost them the house. when it's said and done and we're sitting here on december 31, emergency session of five five -- i'll be here in case of injury -- there will be sitting there saying this is deal we got to cut. we got to get the democrats to come along with republicans. >> dana: aside from politics i don't think enough people are talking about what is the right policy and the right answer and solution to get the economy going again? see that social security and medicare is saved for the next generation. >> eric: one quick point, can we as five or the con seventives, bob you should be interested in this, too. forget social security. we pay to the social security system. it's self-fulfilling. >> bob: they pay in medicare, too. >> eric: but we way with payroll and fica to social security. government raids socia
they don't vote and this becomes the obama tax hike, the obama spending cut. on him. let him own it. they voted for him. let them own it. >> brian: house democrats going along with maybe john boehner caucus to pass it. that is how divided it could be. it could cost them the house. when it's said and done and we're sitting here on december 31, emergency session of five five -- i'll be here in case of injury -- there will be sitting there saying this is deal we got to cut. we got to get the...
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president obama takes his plan to the people. the white house launches a new campaign to promote middle-class tax cuts, but are we closer to or further from the fiscal cliff? economist justin woolfers weighs in, jose diaz-balart on whether republican heard the wake-up call on immigration reform. there was a lot on the ballot this year but is the drug war over? we will ask knorr new york m-- new york magazine's benjamin wallace-wells about weed's new world order when "now" starts in 180 seconds. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. >>> if we had only known yesterday what we know today or known yesterday that we didn't know then what we know today. wait. what? it's tuesday, november 27th. this is "now." >>> joining me today, mother jones washington bureau chief david corn. benjamin wallace-wells of "
president obama takes his plan to the people. the white house launches a new campaign to promote middle-class tax cuts, but are we closer to or further from the fiscal cliff? economist justin woolfers weighs in, jose diaz-balart on whether republican heard the wake-up call on immigration reform. there was a lot on the ballot this year but is the drug war over? we will ask knorr new york m-- new york magazine's benjamin wallace-wells about weed's new world order when "now" starts in...
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barack obama. barack obama. lou: i wonder how he reconciles the communists a keyless ways and jamie foxx characterization or do you suppose they bother? up next with morgan russell republicans indicating a willingness to break from broker norquist anti-tax pledge. what does that mean for the future of the republican party? the "a-team" with the answers. we're joined next. ♪ lou: the "a-team" republican pollster, campaign strategist, wall street journal opinion page editor, democratic strategist. good to have you here. let's start with the senators, these folks, on the republican side, the idea of higher taxes saying grover norquist and their -- is their problem. >> did not force their hand. many of them, including senator sax said that like a great deal. the 5-foot blown up version of the pledge he signed behind him at campaign events, raised money on it, ostensibly won his primary because of. every time one of these guys as i can no longer committed to a pledge that to 20 years ago, i am so grat
barack obama. barack obama. lou: i wonder how he reconciles the communists a keyless ways and jamie foxx characterization or do you suppose they bother? up next with morgan russell republicans indicating a willingness to break from broker norquist anti-tax pledge. what does that mean for the future of the republican party? the "a-team" with the answers. we're joined next. ♪ lou: the "a-team" republican pollster, campaign strategist, wall street journal opinion page editor,...
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train afghan forces and carry out special operations after twenty four teeth when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad is a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense from a lot of perspectives but that strategy has backfired more than once in the past it leaning populations that didn't want to see their military become a student of washington's wars in washington i'm gonna check out. more news for me in thirty five minutes with the news team in the meantime it's time for banking big shots to take cover because the cause report is up next after this break. more news today violence is once again flared up. and these are the images the world has been seeing from the streets of canada. giant corporations rule the day. the great russian barrios. prevailing over hazard
train afghan forces and carry out special operations after twenty four teeth when according to the obama administration american forces are supposed to have completely left the country the afghan government has less than two years to agree or reject the idea the u.s. government may be looking at training armies abroad is a smart investment sort of like outsourcing makes sense in business it's cheaper than having u.s. troops on the ground no need to explain dead troops coming home makes sense...
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Nov 27, 2012
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so sit back in your house and yelled obama, obama while he takes all of the food out of your mouth. host: let me echo some sentiments your efforts to facee spending resistance. the two senators, the story often notes that this is what they would like to see from the president. they want him to start negotiations at a one-one ratio. putting them in line with many in the parties that want to see a harder line taken by democrats. some advocating going over the fiscal cliff. democratic caller, mary, what do you think? having delivered the cliff and start over. host: are you concerned about the economic impact? caller: i do not know why on earth -- i am on social security. host: in order not to touch those programs -- caller: just kind of overhaul them. just fix them a tas -- tad. host: what about raising the eligibility age? caller: do not do that. i am 59. i might retire run 65. host: that is mary. on our line for republicans, kevin, go ahead. . caller: i think they should go off the cliff. for the past four years we heard how terrible the bush tax cuts are. i think we definitely need
so sit back in your house and yelled obama, obama while he takes all of the food out of your mouth. host: let me echo some sentiments your efforts to facee spending resistance. the two senators, the story often notes that this is what they would like to see from the president. they want him to start negotiations at a one-one ratio. putting them in line with many in the parties that want to see a harder line taken by democrats. some advocating going over the fiscal cliff. democratic caller,...
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Nov 27, 2012
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president obama 59,000. bill clinton 11,000. the win her be announced december 14. >>> finally, china communist newspape daily" has been hoodwinked. they ran a 55-page photo spread in tribute to kim jung un and named "onion sexiest man alive." with his round face and boyish charm and the strong sturdy chin, this pyongyang bred heartthrob is every woman's dream come true. this is true. >>> you may soon feel effect not of the earthquake in your wallet from new environmental regulations that, now that president obama has won re-election. fox news net wok senior correspondent -- network senior washington correspondent peter bans takes a look at what it could mean for you. >> top senate critic of the environmental protection agency charmed after delaying regulations to help president obama win re-election. the epa is about to flood the nation with new rules to cost consumer and jobs. he said give me a chance to get re-elected. >> a report by the staff contends that the new gasoline rules from the epa could add up to 9 cents on the ga
president obama 59,000. bill clinton 11,000. the win her be announced december 14. >>> finally, china communist newspape daily" has been hoodwinked. they ran a 55-page photo spread in tribute to kim jung un and named "onion sexiest man alive." with his round face and boyish charm and the strong sturdy chin, this pyongyang bred heartthrob is every woman's dream come true. this is true. >>> you may soon feel effect not of the earthquake in your wallet from new...
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Nov 27, 2012
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supported obama himself. so the mandate here is clear. it's for higher taxes on the rich and it's not for messing around with entitlements right now. >> ryan grim, susan page, thanks. >> thanks. >> thank you. >>> and we are keeping our eye out for you on ambassador susan rice to discuss her remarks on the benghazi consulate. she'll be meeting with john mccain, lindsey graham, and kelly ayott. we're keeping our eye on that and we will keep you posted. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >>> a state senator from idaho is now getting behind a plan that's been circulating on tea party blogs. calling for states
supported obama himself. so the mandate here is clear. it's for higher taxes on the rich and it's not for messing around with entitlements right now. >> ryan grim, susan page, thanks. >> thanks. >> thank you. >>> and we are keeping our eye out for you on ambassador susan rice to discuss her remarks on the benghazi consulate. she'll be meeting with john mccain, lindsey graham, and kelly ayott. we're keeping our eye on that and we will keep you posted. music is a...
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Nov 27, 2012
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meantime today president obama will be meeting with small business leaders. at issue of course is the series of tax increases and spending cuts that kick in at the end of the year if congress doesn't act. >> there will come a point in time where we can't borrow anymore money and interest rates will sky rocket. >> cnbc's raise above campaign continues. we're asking who has the courage to rise above partisan politics and find a solution. among our guests, three men who understand washington, wall street and corporate america very well. we have the chairman of president george w. bush's council of economic adviser, ed lazear, roger altman, and real estate tycoon don peebles. but let's cover this morning's top headlines. >>> we do have a lot in the corporate headlines this morning including equity residential and avalon bay communities agreeing to buy archstone from lehman brothers holdings. the price tag, about $6.5 billion in cash and stock. the deal gives lehman cash to help pay its creditors as it liquidates. but it paid $22 billion for this company originall
meantime today president obama will be meeting with small business leaders. at issue of course is the series of tax increases and spending cuts that kick in at the end of the year if congress doesn't act. >> there will come a point in time where we can't borrow anymore money and interest rates will sky rocket. >> cnbc's raise above campaign continues. we're asking who has the courage to rise above partisan politics and find a solution. among our guests, three men who understand...
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Nov 27, 2012
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KRON
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despite that president obama is operating remains unchanged. more than half of those surveyed give him a thumbs up on the job he's doing in office so far. >> the time now is 4:42. coming up on the kron 4 news were followed a developing story on treasure island. from treasure island due to a police standoff. ( male announcer): now here's stanley roberts who found some people behaving badly . >> if you visit castro valley it is hard not to see donation bins on every block. this bin is to donate books apparently it works because both bids are filled to the top. when you see them the average person would believe they're donating to charity. is that really what is on the box. yes they use words like to donate. if you read the fine print it says for profit. the interesting part is no one seems to know how the band's got there. this one in this parking lot has been here for awhile. the book begins outside of rite aid has been here for months if not years. this one outside of the auto repair shop just showed up three years ago the owner wanted to go aw
despite that president obama is operating remains unchanged. more than half of those surveyed give him a thumbs up on the job he's doing in office so far. >> the time now is 4:42. coming up on the kron 4 news were followed a developing story on treasure island. from treasure island due to a police standoff. ( male announcer): now here's stanley roberts who found some people behaving badly . >> if you visit castro valley it is hard not to see donation bins on every block. this bin is...
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Nov 27, 2012
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KQED
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bush and barack obama. higher deficits and debt that, because of the graying baby boom, are fated to get even worse. >> the population was always going to age, the baby boomers were going to retire. they were paying a lot of social security contributions in 1990s. we were always going to shift into structural deficit for that reason. >> reporter: that's why even though we've been in deeper hot water before as a percentage of the economy, this time really may be different. with the baby boom hanging it up, increasing our debt load now presents a clear and future danger. and thus this era's key questions. >> if you want to keep social security and you want to keep medicare and if yes how are you going to pay for it? i don't suggest the answer will be sell more debt to the chinese. you have to pay the taxes to support the social insurance programs if that's what you want to keep. >> reporter: but americans do not want to pay higher taxes. >> no one wants to pay higher taxes. everybody is happy to have someone
bush and barack obama. higher deficits and debt that, because of the graying baby boom, are fated to get even worse. >> the population was always going to age, the baby boomers were going to retire. they were paying a lot of social security contributions in 1990s. we were always going to shift into structural deficit for that reason. >> reporter: that's why even though we've been in deeper hot water before as a percentage of the economy, this time really may be different. with the...
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>> translator: to be frank, i told president obama -- i'm going to tell president obama to try to avoid policies which are outside the knowledge of the other government. i think a good relationship that mexico could maintain with the united states and vice versa should be based on trust on opening -- openness and constant dialogue that would allow us essentially to define, share objectives and to work on those so as to avoid activities which are not known to the other government. >> we just learned a well-known mexican mayor, was killed, was murdered. can you give us your reaction to what's going on? >> translator: what my country cannot do is to allow us to be intimidated, the authorities to be intimidated by organized crime. i think mexican state must and one of my task, one of the changes that i have strategy and security issues that my government must reach, we have greater coordination of efforts at every level of government is task for the state as a whole involves all three powers of the state, involves all the authorities so that events like the one you just mentioned will not h
>> translator: to be frank, i told president obama -- i'm going to tell president obama to try to avoid policies which are outside the knowledge of the other government. i think a good relationship that mexico could maintain with the united states and vice versa should be based on trust on opening -- openness and constant dialogue that would allow us essentially to define, share objectives and to work on those so as to avoid activities which are not known to the other government. >>...
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Nov 27, 2012
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this is no mistry to president obama. who at his november 14 press conference declared his dedication to diplomatic solution, i quote him, there should be a way in which they, the iranans, can enjoy peaceful nuclear power while still meeting their international obligations and providing clear assurances to the international community they are not pursuing a nuclear weapon. so, yes, will i try to make a push in the coming months to see if we can open up a dialogue with -- between iran and not just the united states but the international community to see if we can get this thing resolved. end quote. diplomacy is the obvious option, but it's not obvious how diplomacy can succeed. today we have some of the foremost experts on this issue with us to help cast light on this question, and help find a way to make diplomacy succeed in 2013. and later after the panel discussion, we will hear from former national security advisor whose lucid analysis never fails to impress or enlighten. before i hand it over to the executive director
this is no mistry to president obama. who at his november 14 press conference declared his dedication to diplomatic solution, i quote him, there should be a way in which they, the iranans, can enjoy peaceful nuclear power while still meeting their international obligations and providing clear assurances to the international community they are not pursuing a nuclear weapon. so, yes, will i try to make a push in the coming months to see if we can open up a dialogue with -- between iran and not...
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Nov 27, 2012
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president obama will implement obama care and financial reform in 2013. three, government spending went through the roof back then. it's going through another roof right now. and finally, we have fdr's pledge to reshape society. he blamed wall street for the sorry state of the economy, bankers were villains. surely, that rings a bell today, doesn't it? all of this begs the question, will 2013 be as lousy as 1937? i'm not going to make any such prediction, but the parallels with fdr in '37 and barack obama now feed into that sense of anxiety, and there is a strong sense of unease in america today. debt piles up. ben prints trillions. the economy is sluggish at best. and president obama looks like he's returned to the campaign trail, three weeks a f he won the election -- after he won the election. president roosevelt's policies did not bring america out of depression. world war ii did. let's hope that is not another unfortunate parallel. [ male announcer ] you are a business pro. monarch of markeng analysis. with the ability to improve roi through seo all
president obama will implement obama care and financial reform in 2013. three, government spending went through the roof back then. it's going through another roof right now. and finally, we have fdr's pledge to reshape society. he blamed wall street for the sorry state of the economy, bankers were villains. surely, that rings a bell today, doesn't it? all of this begs the question, will 2013 be as lousy as 1937? i'm not going to make any such prediction, but the parallels with fdr in '37 and...
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Nov 27, 2012
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president obama has spoken. he's promising he will not sign any bill that mortgages our future to pay for handouts to the wealthiest 2% of americans. i only hope house republicans have been listening. >> we've been responsible, even as we've remained firm on this point. no tax increases now for promised spending cuts that won't materialize later. >> cnn political director mark preston is live from washington this morning. very nice to see you, mark. so the house is back in session today, and so far there are no talks scheduled between top republicans and the president, we understand. >> no, that's true, zoraida. in fact we haven't seen the congressional leadership and president obama meet since november 16th. now there were staff discussions over the thanksgiving holiday. they don't seem to be as productive as some people had hoped, as you said, we are now 35 days until the fiscal cliff. what we do know, though, is that president obama did reach out to house speaker john boehner. he is the republican, the senate
president obama has spoken. he's promising he will not sign any bill that mortgages our future to pay for handouts to the wealthiest 2% of americans. i only hope house republicans have been listening. >> we've been responsible, even as we've remained firm on this point. no tax increases now for promised spending cuts that won't materialize later. >> cnn political director mark preston is live from washington this morning. very nice to see you, mark. so the house is back in session...
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president obama meeting with small business leaders at the white house this afternoon to make his case for higher taxes ahead. we will also go to the home state of a kai player in tey pl talks. >>> the chevy volt struggling to work with car makers aed car buyers. why is general motors doubling down with its big bet in electric and has it jumped its sales? >>> facebook stock up 10% in the past week and 30% the past two months. has it finally turned a corpser? >>> speaking of corners, we have switched corners, tyler, the gentleman that he is, is braving you the snow and the ice in new york city and he is down on the floor of the new york estock exchange. >> a mucky day. not since 2008 has it been so high. more evidence the housing recovery is taking root. prices rising in the big cities but a warning we may head into a recession next year if the u.s. and europe don't solve their fiscal messes. right now the dow industrials a built of a breather down 21 points. >>> meanwhile, 34 days to the fiscal cliff. will a deal be done in time? today, president obama meets with small business leaders
president obama meeting with small business leaders at the white house this afternoon to make his case for higher taxes ahead. we will also go to the home state of a kai player in tey pl talks. >>> the chevy volt struggling to work with car makers aed car buyers. why is general motors doubling down with its big bet in electric and has it jumped its sales? >>> facebook stock up 10% in the past week and 30% the past two months. has it finally turned a corpser? >>>...
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i know you supported president obama. what about house leaders? do you sense other ceos are talking to house leaders? >> absolutely and i don't mean just senators. there's no question i believe the severity of our deficits and the future problems ahead of us are going to have to be addressed bay combination of revenue increase -- >> the question is larry, are they listening and are they prepared to make compromises that they were not prepared before? >> i think so. >> why do you think so? >> i think maybe it's the openness of the dialogue. in august of 2011 when we had this problem, you did not hear any ceo speak up. you did not hear a public discord about this. i actually believe the militancy of the ceos today is a very different phenomenon. maybe the timing is different. maybe the atmosphere is different. everybody is speaking out. one ceo may have a different opinion than another one. but the fact is an open dialogue, and an open dialogue is a democratic process. >> do you think the president should appoint a businessman or maybe even a republ
i know you supported president obama. what about house leaders? do you sense other ceos are talking to house leaders? >> absolutely and i don't mean just senators. there's no question i believe the severity of our deficits and the future problems ahead of us are going to have to be addressed bay combination of revenue increase -- >> the question is larry, are they listening and are they prepared to make compromises that they were not prepared before? >> i think so. >>...
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bush, clinton, bush, obama, bush. >> probably due for another obama. i think bush, like christie, is a republican who has crossover appeal. he has tremendous support among hispanics because of his position on immigration reform. tonight i'm actually going to be with governor bush. condi rice and joe klein are doing a summit talking about the need for educational reform as a big national security challenge unless we get k-12 education right. we're not going to get this country right and a the fact someone like jeb bush has become one of the champions of education reform to me shows how republicans can are have tremendous appeal if they go beyond the narrow agenda. >> what do you think? >> i think he has enormous appeal. a very attractive candidate. as richard pointed out, he is not the republican candidate we've seen in the past couple of elections. he has enormous appeal to the hispanic community in this country. he has a real -- he's been a governor. he has made decisions. he's worked with legislatures. he knows how to get things done. >> does his las
bush, clinton, bush, obama, bush. >> probably due for another obama. i think bush, like christie, is a republican who has crossover appeal. he has tremendous support among hispanics because of his position on immigration reform. tonight i'm actually going to be with governor bush. condi rice and joe klein are doing a summit talking about the need for educational reform as a big national security challenge unless we get k-12 education right. we're not going to get this country right and a...
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Nov 27, 2012
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i hope president obama appoints another to the court, and work together for another 25 years. i said that once to justice kagan, and she said, only 25? [laughter] she's younger than i am. you learn to get along and know you work on a common enterprise. the level of the institution, the extent to which the justices have a collegial relationship with each other. >> two things to follow-up with a flip question. anything that unpleasantly surprised you since joining the court? >> yes. i'll limit that to one though. [laughter] "unpleasant" is the wrong word. i have a fair amount of responsibilities. the court is the highest in the land. it is a small government of the agency, people fall on the front steps, and you need the right computers of the court. we completed a renovation of the court involving a lot of administrative concerns. if you visit washington and visit the court, you wonder why the front is obscured by the scrim. it's like a sheet, and, well, the chunks of marble fell off of it. it's a huge enterprise to restore that. well, you get involved in what the cost is, wher
i hope president obama appoints another to the court, and work together for another 25 years. i said that once to justice kagan, and she said, only 25? [laughter] she's younger than i am. you learn to get along and know you work on a common enterprise. the level of the institution, the extent to which the justices have a collegial relationship with each other. >> two things to follow-up with a flip question. anything that unpleasantly surprised you since joining the court? >> yes....
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has not received a realistic proposal from republicans that would raise the kind of revenue president obama is seeking. >> susan mcginnis in washington this morning. thank you so much. >>> amid sky high approval ratings in the wake of superstorm sandy, new jersey governor chris christie said he will be seeking re-election next year. he said the preliminary damage from sandy is nearly $30 million. christie says he's in it for the long haul to help jersey recover. >>> coming up on the morning news, click and shop. cyber monday rings up record sales on what's expected to be the busiest online shopping day of the year. this is the morning news. [ female announcer ] born from the naturally sweet monk fruit, something this delicious could only come from nature. now from the maker of splenda sweeteners, discover nectresse. the only 100% natural, no-calorie sweetener made from the goodness of fruit. the rich, sweet taste of sugar. nothing artificial. ♪ it's all that sweet ever needs to be. new nectresse. sweetness naturally. starts with ground beef, unions, and peppers baked in a ketchup glaze wi
has not received a realistic proposal from republicans that would raise the kind of revenue president obama is seeking. >> susan mcginnis in washington this morning. thank you so much. >>> amid sky high approval ratings in the wake of superstorm sandy, new jersey governor chris christie said he will be seeking re-election next year. he said the preliminary damage from sandy is nearly $30 million. christie says he's in it for the long haul to help jersey recover. >>>...
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president obama has chosen a new head of the securities and exchange regulation. who heads wall street. her name is elise walter. she has been a member of the commission since president george w. bush appointed her in 2008. she is set now to replace mary shapiro who took over in the middle of the worst financial crisis since the great depression. mary shapiro is credited with leading the response but critics say she should have been more aggressive in pursuing those charges against those responsible for the crisis. a christian college can keep fighting the president's signature healthcare law. that's the ruling today from the supreme court. we're talking about liberty university in virginia. it challenged the requirement that large employers have to provide workers with healthcare coverage. the suit claims that forcing the school to cover birth control violates christian religious principles. it also challenges the so-called individual mandate. that mandate requires every american to get health insurance by 2014 or pay a penalty. last year, a federal appeals court
president obama has chosen a new head of the securities and exchange regulation. who heads wall street. her name is elise walter. she has been a member of the commission since president george w. bush appointed her in 2008. she is set now to replace mary shapiro who took over in the middle of the worst financial crisis since the great depression. mary shapiro is credited with leading the response but critics say she should have been more aggressive in pursuing those charges against those...
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. >> president obama looks like he is still campaigning. to make the public case for strategizing the fiscal cliff. friday he will be meeting with business owners, small business owners. at the white house today the president will meet and tomorrow with middle-class americans. >> an 18 year-old accused of killing a man and injuring and police officer will be arraigned this week. here is a video of the other suspect in this case who was in court last wednesday. there china find a connection between the two. both are being held for murder, armed robbery, and attempted murder of a police officer. the drama of a 14 year-old boy charged as an adult with attempted murder sexaul assault and kidnapping of a 65 year-old woman has been postponed. caviar king was scheduled to be arraigned in court yesterday. authorities say he of the to the woman at dusk force to drive several miles away where he assaulted and beat her before leaving her in a ditch. police described attack as random. >> the two leaders will be remembered today. the commemoration will
. >> president obama looks like he is still campaigning. to make the public case for strategizing the fiscal cliff. friday he will be meeting with business owners, small business owners. at the white house today the president will meet and tomorrow with middle-class americans. >> an 18 year-old accused of killing a man and injuring and police officer will be arraigned this week. here is a video of the other suspect in this case who was in court last wednesday. there china find a...
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a look at president obama's dream team. >>> a fast and furious settlement. who is paying the price for the botched gun running. >>> answering questions about managing student debt. >> hi there. we're talking about managing your student loans. with me this hour, greg olson and carmen wong ulrich. carmen, your question. >> i was wondering how i'm going to afford a minimum wage job with the student loan advise to pay for and i just graduated from college. >> i feel for her. >> wow, wow, wow. it's a stuff situation. here's the thing we've got to know what type of loans does she have. if she's got private loans she's in a big pickle. low flexibility, but call them right away. if your proact everybody you can try to work with them before you get into trouble. if she's got federal loans, there's the income based repayment program and she's got look into that. it's a part of your discretionary income that goes to pay it every month. as her income goes up her bill will go up. that's good. it's never too unmanageable. >> suggestions? >> mom has that bedroom. >> exactl
a look at president obama's dream team. >>> a fast and furious settlement. who is paying the price for the botched gun running. >>> answering questions about managing student debt. >> hi there. we're talking about managing your student loans. with me this hour, greg olson and carmen wong ulrich. carmen, your question. >> i was wondering how i'm going to afford a minimum wage job with the student loan advise to pay for and i just graduated from college. >> i...